Magi
| Last updated | just now |
| Price per XMG in USD | $ |
| Price per XMG in Bitcoin | |
| Volume over the last 24 hours | $ 0 |
| Market cap in USD | $ 0 |
| Change in % over the last hour | |
| Change in % over the last 24 hours | |
| Change in % over the last 7 days |
XMG specifications
| Name | Magi |
| Symbol | XMG |
| Minable | Yes |
| Algorithm | M7M |
| Prooftype | PoW/PoM/PoSII |
| Premine: | N/A |
Coin description
Magi is a cryptocurrency designed to promote energy efficiency by utilizing a unique proof-of-work (PoW) consensus mechanism called "M7 PoW." It operates on a custom algorithm that ensures fair mining accessibility while minimizing energy consumption. Magi emphasizes sustainability, innovation, and usability.
Magi Energy Efficiency Features
Magi's architecture supports features like low energy consumption and fair distribution of rewards, ensuring seamless payments. Its focus on decentralization ensures that users retain full control over their funds. For example, miners can participate in securing the network without relying on expensive hardware or high electricity costs.
One of Magi's strengths lies in its role as an eco-friendly digital currency. By promoting transparency and immutability, it challenges traditional mining practices. Keywords like Magi energy efficiency and M7 PoW are closely tied to this project.